Global Banking & Markets Operations-New York-Associate-FICC Capital & Portfolio Optimization
Apply NowCompany: The Goldman Sachs Group, Inc
Location: New York, NY 10025
Description:
Job Description
At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. For us, it's all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.
YOUR IMPACT
Are you looking to for an opportunity to be part of a team that works directly with institutional clients, sales & trading desks, technology and other business partners to offer best in class client service, solve complex problems and influence change? This is a great opportunity for an analytical/team-oriented individual to utilize their professional skills by mitigating risks and driving quantifiable efficiencies in a fast paced environment.
OUR IMPACT
Operations is a dynamic, multi-faceted area that partners with all parts of the firm to deliver banking, sales and trading, and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firm's assets and its reputation. For every trade agreed, every new product launched or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow.
Within Global Banking & Markets, the FICC Capital & Portfolio Optimization team drives complex balance sheet, funding & legal entity project planning and strategy. Risk & control principles are applied to design & facilitate seamless execution of external industry & internal optimization efforts for cleared and non-cleared FICC derivatives across the Global Banking & Markets Division franchise businesses.
The team operates globally with presence in London, New York City and Singapore. Associates support a cross section of products ranging from highly complex structured transactions to more vanilla cleared derivatives. Associates are required to develop a strong product, industry, and technical knowledge to support ongoing "Run-the-Bank" executions whilst mitigating execution risk. The position requires a high degree of communication with traders, strategists, franchise managers, engineers, controllers, legal & Front-to-Back operations teams in a fast-paced environment. Our team values team members who are self-motivated, quick learners and become experts in the processes they are responsible for while continuously identifying and communicating improvements to workflow across the organization.
HOW YOU WILL FULFILL YOUR POTENTIAL
Work with relevant stakeholders to resolve any open questions/issues
Become a subject matter expert to mitigate risk and drive efficiencies
Manage real-time trade booking exceptions and external vendor communications
Monitor and control operational risk throughout the trade & optimization life cycle
Engage in various industry and regulatory initiatives in a constantly changing environment
Collaborate with technology teams on the implementation of process flow improvements and efficiencies
SKILLS & EXPERIENCE WE'RE LOOKING FOR
Basic Qualifications
Bachelor's degree
Proactive, enthusiastic, and creative approach with high attention to detail
Ability to prioritize and multi-task in a fast-paced environment
Highly collaborative and team-focused with ability to interact effectively with a wide range of individuals
Effective problem solving and critical thinking skills with proven track record of exercising sound judgment
Preferred Qualifications
At least 2-5 years of work experience in Finance or related field
Competency with MS Suite, especially Excel, and the ability to learn multiple programs quickly
Data analytics and experience with BI tooling such as Alteryx or Python
ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Salary Range
The expected base salary for this New York, New York, United States-based position is $80000-$135000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. For us, it's all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.
YOUR IMPACT
Are you looking to for an opportunity to be part of a team that works directly with institutional clients, sales & trading desks, technology and other business partners to offer best in class client service, solve complex problems and influence change? This is a great opportunity for an analytical/team-oriented individual to utilize their professional skills by mitigating risks and driving quantifiable efficiencies in a fast paced environment.
OUR IMPACT
Operations is a dynamic, multi-faceted area that partners with all parts of the firm to deliver banking, sales and trading, and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firm's assets and its reputation. For every trade agreed, every new product launched or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow.
Within Global Banking & Markets, the FICC Capital & Portfolio Optimization team drives complex balance sheet, funding & legal entity project planning and strategy. Risk & control principles are applied to design & facilitate seamless execution of external industry & internal optimization efforts for cleared and non-cleared FICC derivatives across the Global Banking & Markets Division franchise businesses.
The team operates globally with presence in London, New York City and Singapore. Associates support a cross section of products ranging from highly complex structured transactions to more vanilla cleared derivatives. Associates are required to develop a strong product, industry, and technical knowledge to support ongoing "Run-the-Bank" executions whilst mitigating execution risk. The position requires a high degree of communication with traders, strategists, franchise managers, engineers, controllers, legal & Front-to-Back operations teams in a fast-paced environment. Our team values team members who are self-motivated, quick learners and become experts in the processes they are responsible for while continuously identifying and communicating improvements to workflow across the organization.
HOW YOU WILL FULFILL YOUR POTENTIAL
Work with relevant stakeholders to resolve any open questions/issues
Become a subject matter expert to mitigate risk and drive efficiencies
Manage real-time trade booking exceptions and external vendor communications
Monitor and control operational risk throughout the trade & optimization life cycle
Engage in various industry and regulatory initiatives in a constantly changing environment
Collaborate with technology teams on the implementation of process flow improvements and efficiencies
SKILLS & EXPERIENCE WE'RE LOOKING FOR
Basic Qualifications
Bachelor's degree
Proactive, enthusiastic, and creative approach with high attention to detail
Ability to prioritize and multi-task in a fast-paced environment
Highly collaborative and team-focused with ability to interact effectively with a wide range of individuals
Effective problem solving and critical thinking skills with proven track record of exercising sound judgment
Preferred Qualifications
At least 2-5 years of work experience in Finance or related field
Competency with MS Suite, especially Excel, and the ability to learn multiple programs quickly
Data analytics and experience with BI tooling such as Alteryx or Python
ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Salary Range
The expected base salary for this New York, New York, United States-based position is $80000-$135000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.